Which one of the following represents the savings the private corporate sector?

Total profits of a company

Undistributed profits

excess of income over expenditure

dividends paid to shareholders

An economy's Net national Income is $20, 000 million indirect taxes are $2, 000 million, subsidies are $1, 000 million and its population 150 million. What will be the national Income at factor cost?

$21, 000 million

$19, 000 million

$23, 000 million

$22, 000 million

The aggregate output is determined by the production function Q = Ka L1 − a, where a = 0.40, K is capital and L is labour. Suppose, K and L are growing respectively at the rate of 10% and 20%, the growthrate of aggregate output will equal

Given the total investment expenditure, an increase in the propensity to save will lead to a

rise in income

rise in the rate of interest fall in income

fall in savings

fall in income

If the investment multiplier is 4, the relevant consumption function is given by

C = 28 + 0.75 y

C = -28 + 0.78y

C = 28 + 0.70 y

C = 28 + 0.40 y

consider the following statements

bond prices and interest rates vary directly.

supply creates its own demand is known as Walras'law

the rate that equalizes the discounted cash flow expected from an investment in a capital asset to its supply price is the marginal efficiency of investment.

disposable income varies inversely with a tax on personal income

Which of the above statements are correct?

3 and 4

1 and 3

2 and 4

1, 2 and 3

Which of the following is consistent with the cross-sectional consumption function?

APC = MPC

MPC = 0

APC > MPC

APC = 0

The speculative demand for money depends on

interest rate

income

profit

output

An entrepreneurs plans to acquire a capital asset, which is expected to yield Rs. 660 at the end of the first year and Rs. 1, 452 at the end of the second year after which it will become useless. The discount rate is 0.10 what is its equilibrium supply price?

2, 112

1, 200

1, 800

2, 000

Consider the following statements:

when prices fall, with no change in costs, marginal efficiency of capital falls.

when prices fall, with no change in costs, marginal efficiency of capital increases.